1 Bedroom Condo for sale in Cebu IT Park, Cebu, Cebu City, Cebu
Cebu, Philippines
Guide Price
$166,521
9,408,437 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
๐๐ณ๐ณ๐ผ๐ฟ๐ฑ๐ฎ๐ฏ๐น๐ฒ ๐ญ-๐๐ฒ๐ฑ๐ฟ๐ผ๐ผ๏ฟฝ ๐จ๐ป๐ถ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฎ๐น๐ฒ ๐ถ๐ป ๐.๐ง. ๐ฃ๐ฎ๐ฟ๐ธ ๐๐ฒ๐ฏ๐!
โกFor as low as 50k/month equity
Project Name: Avida Towers Riala
Location : JM del Mar St., Cebu I.T. Park, Cebu City
๐จ๐ก๐๐ง ๐๐๐ง๐๐๐๐ฆ
1-Bedroom Type
Toilet and Bath
Living, Dining and Kitchen Area
Floor Area : 40.7 sq.m
๐ฆ๐๐ ๐ฃ๐๐ ๐๐ข๐ ๐ฃ๐จ๐ง๐๐ง๐๐ข๐ก
Total
Selling Price (TSP): Php9,408,437.00
Reservation Fee : Php50,000.00
20% Net Equity/Downpayment : Php1,831,687.00 payable up to 36 months :As low as 50,880/month
80% Balance : Php7,526,750 payable thru Bank Financing
๐๐๐๐ถ๏ฟฝ๐ฎ๐๐ฒ๐ฑ ๐๐ฎ๐ป๐ธ ๐๏ฟฝ๐ผ๐ฟ๐๐ถ๐๐ฎ๐๐ถ๐ผ๐ป
20 years @ 58,354/month
15 years @ 67,652/month
10 years @ 87,391/month
5 years @ 149,038/month
๐ก๐ข๐ง๐
Prices Subject to Change without Prior Notice.
๐๐ข๐ ๐ ๐จ๐ก๐๐ง๐ฌ ๐๐ ๐๐ก๐๐ง๐๐๐ฆ
Adult & Kiddie Swimming Pool
Clubhouse w/ Function Hall for 150 guest
Childrens Play Area
Garden Area(Maximized Green Area & Open Spaces)
Main Entry / Exit Gate w/ Guard House(2 Lanes Each)
Sewage Treatment Plant
Centralized Cistern
๐ก๐๐๐ฅ๐๐ฌ ๐๐๐ก๐๐ ๐๐ฅ๐๐ฆ
2.3km to Ayala Center Cebu
1km to Waterfront
2.2km to Marriot Hotel Cebu
๐๐๐ถ๐ฑ๐ฎ ๐ง๐ผ๐๐ฒ๐ฟ๐ ๐ฅ๐ถ๐ฎ๐น๐ฎ is a five-tower residential condominium development situated at the city's most dynamic district, Cebu I.T. Park. More than work-life balance, we believe that quality of life is determined by a dynamic integration of passion, leisure, and lifestyle. This dynamic is exactly what merges metro and eco-living together, no compromises made. This is the new living standard we aspire for. ๏ปฟLS-R07-22-051
๐ ๐ฎ๐ฑ๐ผ๐ป๐ป๐ฎ ๐๐ฟ๐ฎ๐ฐ๐ฒ ๐ฆ. ๐๐ฎ๐ฑ๐ถ๐ฎ
PRC Reso. S. 2022,
DHSUD -A-05/22-7129
Location
Open in Google MapsLiving in Cebu
Island-hopping on weekends, karaoke as a national religion, and a Filipino hospitality so genuine that you will be adopted by your neighbor's entire extended family before your first month is over.
Visa
SRRV (Special Resident Retiree Visa) โ available from age 40+. Requires $15,000-50,000 deposit depending on age and pension status. Grants indefinite stay with multiple-entry privileges. SIRV (Special Investor Resident Visa) โ requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the PhilippinesโKey Fact
English is an official language and widely spoken โ making the Philippines the easiest Asian country for American expats to navigate daily life. Private healthcare is excellent and affordable, but infrastructure outside Manila can be underdeveloped.
Learn more: The Cheapest Cities to Live AbroadโPhilippines at a glance
How Philippines scores for American expats
Cost of buying in Philippines
Estimated fees and ongoing costs for this property
Closing Costs
5-8% of purchase price
- ยทTransfer tax: 0.5-0.75%
- ยทDocumentary stamp: 1.5%
- ยทCapital gains tax: 6% (seller, but often negotiated)
- ยทRegistration: ~0.25%
- ยทNotary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
โฑ5,000-15,000/yr
HOA / Condo Fees
โฑ3,000-10,000/mo for condos
Good to Know
Agent Fees
Seller pays (3-5%)
Foreign Buyer Note
Foreigners CANNOT own land. Can own condo units (max 40% foreign quota per building). Houses possible via long-term lease or Filipino spouse.
Legal help in Philippines
Hire your own attorney โ not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in Philippines?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer โ yours.
Contact Agent
Home and Investment Partners
Next steps for moving to Philippines
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules โ the complete pre-move checklist.
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